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20121204
20121204
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FBC 5
CNBC 3
KPIX (CBS) 2
CNNW 1
MSNBCW 1
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English 14
Search Results 0 to 13 of about 14 (some duplicates have been removed)
FOX News
Dec 3, 2012 9:00pm PST
like ronald reagan who understand this principle. bill clinton famously said the era of big government is over and the end of wel welfare as we know it. why? because government is not the answer. government is the problem. there was that other iconic democrat, the one that occupied the oval office in 1962. he spoke of the benefits of cutting taxes. president obama, i hope you're watching this. >> this can be the most important step we could take to prevent another recession. that is the right time to make tax cuts both for your family budget and the national budget. resulting from a permanent basic reform and reduction in our rate structure, a creative tax cut creating more jobs and income and eventually more revenue. it will include an across the the board top to bottom cut in both corporate and personal income taxes. the billions of dollars this bill will place in the hands of the consumer, and our businessmen, will have both immediate and permanent benefits to our economy. every dollar released from taxation that is spent or invested will help create a new job and a new salary and t
FOX Business
Dec 4, 2012 5:00pm EST
with you. remember we had $5.6 trillion surplus in 2001 from the clinton administration. here is reasonable proposal. melissa: you say we'll put a trillion dollars into the treasury over 10-year period? that doesn't even cover the increases in spending? >> but, we're not finished. first of all we've already seen as of august, july, a trillion dollars in spending cuts. but more importantly, we're at 50-year low in non-defense discretionary spending. the government is not spending. it is just we're a larger nation, one of the largest nations in the world. so we've got to get an understanding that america is a country that is not going to go back to the 1950s. we're always going to be searching and growing to make this country better and have a balanced economy. so what do we do? we start, melissa, because over the last decade previous to president obama, we have spent like, we are running water. two wars and bush tax cuts. melissa: we afree on that. >> bush tax cuts. melissa: we have spent way too much. this plan doesn't basically reform entitlement spending. we don't get our spending, with a
MSNBC
Dec 4, 2012 3:00am PST
your tax system is. and it's pretty low now. you know compare it to the clinton era rates, which is kind of all we're talking about, right? going back to the clinton era rate of 39% -- >> is it about fairness? or is it about lessening the deficit? because it doesn't really do a whole lot for the debt or deficit over ten years. >> well, it's about fairness, but it's also about what are the better options? given that the wealthy are really skating by these days. and so how do you collect more revenue from them? and all the various ideas about, well, you cap this deduction, and cap that deduction. there are not only political constituencies that will fight tooth and claw on every deducti deduction, there are some reasons, fairly good reasons why you would want to think twice. you know, are you going to go after home mortgage deduction at a time when the housing industry is trying to get its feet? are you going to go after the exemption on taxation for health insurance? i mean, that's the biggest one, actually. that's like $250 billion a year. but i don't think anybody wants to dive
FOX Business
Dec 4, 2012 9:20am EST
. stuart: i think he had a round of golf with former president bill clinton just the other day. >> yeah. stuart: and bill clinton was-- you voted for him, twice. >> i sure did, he was a good president. stuart: do you think there's they chance that some of the moderation of blirn will rub off on the leftism of president obama? >> no, i think that clinton's leverage is gone totally. he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill tha
CNBC
Dec 4, 2012 6:00am EST
, that's something that will -- >> howard goes on and on. clinton tax rates on everybody. will it cause a problem? yeah, short recession, but we get defense cuts which republicans would never agree to otherwise, there are human service cut which is we won't like, but the least possible damage. and it's a serious down payment on the deficit. the wall street people ringing their hands are really full of it. i'm not sure what. but full of something because they're going to see a big drop on wall street but it will come roaring back because somebody has done something. so you have him and all their friends and the right and all their friends and the president who i don't think if he can ever get out of campaign mode. it's a full on campaign again. putting one party into -- >> you're right, the amt will hit more people in the middle class and raise their effective tax rate to a higher rate than they were today. and you won't -- >> you have obamacare 4% on everyone, too. >> if you lieu numerically, it doesn't make sense if one side says we're not going to race taxes on the middle class -- >>
CBS
Dec 4, 2012 5:00am PST
not to use chemical weapons. secretary of state hillary clinton says if assad goes down that road, there will be consequences. >> suffice it to say we are certainly planning to take action if that eventuality were to occur. >> this week nato foreign ministers are expected to approve turkey's request for patriot antimissile systems. turkey has been supportive of assad opponents and is concerned about possible retaliation by syrian missiles. >>> iran says it captured an american drove but a navy spokesman says none are missing. the commander says all the unmanned surveillance aircraft in the region are accounted for. other nations in the gulf including the united arab emirates have drones in service. >>> 5:15. muni issues are fixed. >> reporter: power was restored about 15 minutes ago before the morning commute heated up this morning so things are back on track. no delays for any muni lines right now so you be good to go for mass transit altogether. in fact, bart, ace, caltrain and ferries on time as well as muni. now, elsewhere we have a couple of things to look out for later on to
FOX Business
Dec 3, 2012 7:00pm EST
the tragedy. a red line on syria. secretary of state clinton talking tough as violence rages. what is the president thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not letting up ytime soon. if you're eligible for medicare, you might know it only coversbout 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medica supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't
FOX Business
Dec 4, 2012 4:00pm EST
. the converse happened when president clinton lowered the capital-gains tax rate from 28 to 20%. we had doubling of income. the government did from capital gains. so it works on both sides. if investment capital begins to dry up. more tend to get less of it. where swill it go. where will all the investment income go. >> it will stay on the sidelines or disappear. financial mark gets go down aa well as up. that is what we're experiencing now. capital is on strike. much capital is not being created. we see it in western europe. we see it in japan. would apply the same poison here. real people are just debating. how much more burden would we put on already weak economy? david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think no deal? >> boehn
CNBC
Dec 4, 2012 1:00pm EST
to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me. you made a note in your morning note that we are stuck this in range until we get progress. >> look where we are, between 1400 on the downside you can and 1420 the upside. today, done absolutely nothing, at 1404, 1406 all day, not a lot of action, not a lot of activity at all. people just in this wait and see mode, right? more chatter out of washington. i think a lot of people expecting the interview with the president, hear what he had to same the market got weaker after spoke. >> down 18 point on the trading session now the volume disturbing now, because there is none. >> that just tells that you investors ar
CNN
Dec 4, 2012 2:00am PST
of morning sickness. >> new york mayor michael bloomberg reportedly wants hillary clinton to be his successor. several newspapers reporting the mayor called the secretary of state months ago and urged her to run in 2013 and he's convinced she would win. calling her a perfect fit. mrs. clinton reportedly told mayor bloomberg that she's not interested. >>> all right a renewed appeal for the release of an american prisoner in cuba. 63-year-old alan gross is beginning his fourth year of a 15-year sentence on the island. the u.s. state department issued a new statement calling for his release. gross says he was there in an effort to connect cuba's small jewish community to the internet. the cuban authorities said he was using imported sensitive communications equipment to connect dissidents. >>> two virginia tech football players have been suspended from the team. they're charged with manufacturing and detonating an explosive device. police say 20-year-old joshua trimble and 19-year-old brian roadie were arrested sunday after a small explosion near an apartment building. no one was hurt. an attorn
FOX Business
Dec 4, 2012 1:00pm EST
to clinton rates for top earners. that is nearly 40% on amounts of more than $250,000 a year. republicans have put $800 billion of unspecified tax revenue on the table but they're saying no to a tax rate increase. democrats have said no to that proposal.% in response to that a spokesman for house speaker john boehner saying despite republicans offer to put real revenue on the table the president has offered no concessions whatsoever. when will this willingness to compromise materialize??3 now republicans and democrats say there are no major meetings planned, no summit for democrats and republicans yet to get together and talk on this. the white house says they imagine that there is some e-mail traffic going back and forth but they refuse to tell us when and where they plan on negotiating this. back to you. ashley: i bet the language in the e-mail is pretty interesting too. >> right. ashley: rich edson, thanks so much. tracy: well more companies are accelerating their dividend payments. so we heard from campbell's soup and coach. some of the latest getting cash to shareholders ahead of fis
CBS
Dec 4, 2012 7:00am PST
bloomberg wanted hillary clinton to succeed him. bloomberg encouraged the secretary of state to >>> cloudy skies this morning. a beautiful sunrise outside from our mount vaca cam. right now most of the bay area dry although we are starting to see scattered showers in the north bay. that's what we'll see on and off today not a whole lot of rain just a few light showers wet at times in the area. temperatures this afternoon mainly into the 60s. the main rain event coming overnight tonight into tomorrow morning. showers through wednesday, drying out on thursday and friday. >>> football is a violent sport, adding guns to the mix does not help. this morning, john miller looks at the tragic case of jovan belcher and why many inside the nfl are looking at the culture of guns in pro sports. >>> and red light cameras bring in millions of dollars in tickets for cities and towns across the country. but now drivers are fighting back. filing a massive lawsuit claiming those stoplights don't give them a fair chance. >> if you're timing them too short, then it just becomes a
CNBC
Dec 4, 2012 9:00am EST
, and then you have christie. and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up an
Search Results 0 to 13 of about 14 (some duplicates have been removed)